|
Depreciation and amortization expense
|
|
$2.2m
|
$2.8m
|
$3.4m
|
$8.1m
|
$10.6m
|
$10.5m
|
$26.9m
|
|
Amortization of discount and debt issuance costs
|
|
—
|
—
|
—
|
—
|
$138k
|
$210k
|
$2.0m
|
|
Deferred taxes
|
|
$0
|
$0
|
$85k
|
($690k)
|
($32k)
|
$109k
|
($11.8m)
|
|
Loss on impairment of intangible assets
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$1.7m
|
|
Loss on extinguishment of debt
|
|
—
|
—
|
$0
|
$18k
|
$409k
|
$0
|
$0
|
|
Net loss
|
|
($41.9m)
|
($51.4m)
|
($46.8m)
|
($58.6m)
|
($62.9m)
|
($40.8m)
|
($47.7m)
|
|
Accrued interest on marketable securities, net
|
|
—
|
$0
|
$0
|
($369k)
|
($3.2m)
|
($1.1m)
|
($854k)
|
|
Stock-based compensation expense
|
|
$1.2m
|
$2.0m
|
$14.5m
|
$45.4m
|
$51.2m
|
$59.4m
|
$76.2m
|
|
Gain on financial instruments
|
|
—
|
—
|
$3.0m
|
$200k
|
($532k)
|
$0
|
$0
|
|
Gain on lease modification
|
|
—
|
—
|
$0
|
$0
|
($375k)
|
$0
|
$0
|
|
Accounts receivable
|
|
($3.0m)
|
($3.4m)
|
($6.3m)
|
($4.0m)
|
($9.3m)
|
($3.2m)
|
($11.3m)
|
|
Prepaid expenses and other assets
|
|
($1.1m)
|
($4.2m)
|
$352k
|
($3.2m)
|
$425k
|
($4.0m)
|
($9.4m)
|
|
Accounts payable and accrued liabilities
|
|
$4.0m
|
$3.1m
|
$6.8m
|
($1.4m)
|
$91k
|
$3.3m
|
$19.7m
|
|
Deferred costs
|
|
—
|
($3.8m)
|
($4.7m)
|
($8.4m)
|
($7.7m)
|
($8.6m)
|
($12.3m)
|
|
Deferred revenues
|
|
$1.6m
|
$695k
|
$1.0m
|
$522k
|
$3.6m
|
$2.7m
|
$9.7m
|
|
Purchase of marketable securities
|
|
—
|
$0
|
$0
|
($187.2m)
|
($140.8m)
|
($40.4m)
|
($45.2m)
|
|
Proceeds from sales, maturities, and redemptions of marketable securities
|
|
—
|
—
|
$0
|
$99.8m
|
$181.0m
|
$71.3m
|
$31.8m
|
|
Purchases of property and equipment
|
|
($3.7m)
|
($2.1m)
|
($1.1m)
|
($1.1m)
|
($1.1m)
|
($1.2m)
|
($1.5m)
|
|
Capitalized software development costs
|
|
$0
|
$0
|
($2.6m)
|
($3.6m)
|
($5.2m)
|
($6.7m)
|
($7.1m)
|
|
Payments on revolving loan
|
|
$0
|
($13.0m)
|
$0
|
$0
|
$0
|
$0
|
($45.0m)
|
|
Payment of holdback funds from acquisition
|
|
—
|
$0
|
$0
|
($1.0m)
|
($3.6m)
|
$0
|
$0
|
|
Proceeds from ESPP issuance
|
|
—
|
$0
|
$3.0m
|
$2.9m
|
$4.1m
|
$4.7m
|
$5.3m
|
|
Proceeds from issuance of convertible senior notes
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$335.5m
|
|
Proceeds from borrowing under revolving loan
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$60.0m
|
|
Purchase of capped calls
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($33.9m)
|
|
Payments for taxes related to net settlement of equity awards
|
|
—
|
$0
|
$0
|
($2.7m)
|
($16.0m)
|
($12.8m)
|
$0
|
|
Proceeds from stock option exercises
|
|
$298k
|
$2.0m
|
$9.1m
|
$2.4m
|
$13.0m
|
$20.2m
|
$3.7m
|
|
Net cash provided by (used in) operating activities
|
|
($39.1m)
|
($38.1m)
|
($29.0m)
|
($37.8m)
|
($17.5m)
|
$18.6m
|
$42.9m
|
|
Acquisition of business, net of cash acquired
|
|
—
|
($25.1m)
|
($18.3m)
|
($131.8m)
|
$0
|
$0
|
($375.5m)
|
|
Net cash (used in) provided by investing activities
|
|
($3.7m)
|
($27.2m)
|
($22.0m)
|
($224.0m)
|
$33.9m
|
$23.0m
|
($397.6m)
|
|
Debt issuance costs paid
|
|
($80k)
|
($135k)
|
$0
|
($773k)
|
($341k)
|
($363k)
|
($1.9m)
|
|
Principal payments on debt
|
|
$0
|
$0
|
($313k)
|
($24.7m)
|
($85.0m)
|
$0
|
$0
|
|
Net cash provided by (used in) financing activities
|
|
$30.2m
|
$225.0m
|
$192.3m
|
$61.2m
|
($87.8m)
|
$11.8m
|
$323.8m
|
|
Net (decrease) increase in cash and cash equivalents
|
|
($12.6m)
|
$159.7m
|
$141.3m
|
($200.6m)
|
($71.4m)
|
$53.4m
|
($30.9m)
|
|
Cash and cash equivalents, beginning of period
|
|
$12.0m
|
$171.7m
|
$313.0m
|
$112.3m
|
$40.9m
|
$94.4m
|
$63.5m
|
|
Cash paid for interest
|
|
$60k
|
$352k
|
$1.1m
|
$3.6m
|
$7.1m
|
$283k
|
$5.9m
|
|
Cash paid for taxes (states)
|
|
$83k
|
$67k
|
$32k
|
$249k
|
$332k
|
$375k
|
$201k
|